- Formosa Chemicals reported January sales of NT$24.02 billion.
- The sales represent a 14.8% decline compared to the previous period.
- Analyst recommendations included 1 buy, 8 holds, and 3 sells.
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A look at Formosa Chemicals & Fibre Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Formosa Chemicals & Fibre Corporation’s long-term outlook based on Smartkarma Smart Scores suggests a positive trajectory. With a top score in Value and a solid rating in Dividend, the company demonstrates strong fundamentals and a commitment to shareholders. While Growth and Momentum scores are moderate, the company’s Resilience score indicates a stable foundation for weathering market fluctuations. Overall, Formosa Chemicals & Fibre seems well-positioned for sustained success in the industry.
Specializing in petrochemical products, nylon fiber, and rayon staple fiber, Formosa Chemicals & Fibre is a key player in Taiwan with a growing presence in Asian markets. With a top-notch Value score and a commendable Dividend rating, the company shows promise in delivering solid returns to investors. Although Growth and Momentum scores are more conservative, Formosa Chemicals & Fibre‘s Resilience score indicates a capacity to adapt and endure in the face of challenges, highlighting its potential for long-term stability and performance.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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